Business Start Up Loans Newport

Turn your dreams into reality with a business start up loan

When starting a business, not all owners can afford to purchase a property. We source business start up loans for those who leasehold or have no collateral.

Business Start Up Loan Sectors

We specialise in providing Business Start up Loans in Newport and the rest of the UK to the below sectors:

Funding for Start Up Businesses

Are you a leaseholder? 
Do you have little to no collateral? 

New businesses owners often face challenges securing a loan to to kick start their venture, as they have no collateral such as property or equipment to list as security against it.

Unsecured finance is a great business funding solution, as no collateral is required. Instead, the lender looks at your credit history, financial stability, industry experience, business plan and other financial factors.

Our lenders can offer the below funding for business start up loans Newport:

Lend from £10k up to
Maximum loan advance

Unsecured Business Start up Loans Newport

The Benefits

No Collateral – The best advantage of an unsecured loan is that start up businesses don’t need to put newly purchased valuable assets on the line, making it a much safer option with lower risk.

Build Credit – Keeping up with loan repayments will help establish and improve your business’s credit score.

Business Ownership – None of your equity will be shared with investors, and you will retain full ownership of your business.

Fast Approval – The approval process is usually quicker as there’s no need for an extension collateral valuation.

Get in touch today to speak to us about Business Start Up Loans Newport, and we can take care of the whole application process for you.

Check if You’re Eligible

In order to be eligible for unsecured business start up loans, there’s a few criteria your business must meet.

Click below to view the requirements.

In order to be eligible for an unsecured loan:

The business must have been operational for at least four months
It must have an excellent personal and business credit history
Your business must be registered in the UK
Your business must have an annual turnover of at least £10,000
In some cases, you may be required to have a personal guarantor. If your business cannot repay the loan, your guarantor will be required to pay back the remaining balance

In addition to the above, you will be required to provide:
Proof of identity – Business verification documents – Bank statements 

business start up loans